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U.S. markets news

The Facebook IPO, One Year Later
On the anniversary of its IPO, mobile is taking off on Facebook. So why did revenue decline last quarter? WSJ's Jason Bellini has "The Short Answer.
Leaning Down: Facebook's Stock At Its IPO Anniversary  Forbes
Facebook Struggles to Satisfy Investors About Mobile Earnings  Businessweek
Washington Post   Related articles »  
Consumer Sentiment Index in U.S. Rose to 83.7 in May from 76.4
Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
Consumer sentiment perks to post-recession peak  MarketWatch
Consumer Sentiment Hits Nearly 6-Year High  Wall Street Journal
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Will American's New Boarding Process Work? It Failed at Virgin America.
Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...
American Airlines Doesn't Want Your Bags in the Cabin  Businessweek
US airline group sees pickup in summer air passengers  Reuters
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Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling
According to multiple reports (the first coming from All Things D), the social blogging site is in serious talks with Yahoo Yahoo, which is looking to secure a strategic investment, partnership or even an outright acquisition.
Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site  Bloomberg
After Small Acquisitions, Yahoo Goes Big With Tumblr  Businessweek
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How JC Penney Can Stem The Tide Of Slumping Sales
Yesterday, J.C. Penney announced a serious first quarter loss of $348 million, or $1.58 per share and a revenue slump of 16.4% to $2.635 billion as same store sales dropped 16.6%.
Where Did All Those JC Penney Customers Go?  Wall Street Journal
J.C. Penney First-Quarter Net Loss Widens After Johnson Leaves  Bloomberg
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Marketplace Fairness Act Burdens Businesses with State Compliance Audits
States started with a sales tax. Then they added a use tax to collect revenue that escapes the sales tax. Now the Senate has passed the Marketplace Fairness Act (MFA) to force companies in other states to collect the tax.
Sales Taxes and the Internet  New York Times
Wayfair CEO calls for clarity on online sales tax  Boston Herald
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Bernanke's advice for college grads
"During your working lives, you will have to reinvent yourselves many times," Federal Reserve Chairman Ben Bernanke told new graduates at Bard College at Simon's Rock on Saturday.
Bernanke Tells Grads Innovation Is Key  CNBC.com
Bernanke Optimistic About Innovation  Wall Street Journal
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Accenture buying Acquity for $316 million
A man walks past a building at 180 N. LaSalle in Chicago, partially occupied by the company Accenture, on Wednesday, April 13, 2011.
US HOT STOCKS: Acquity Group Active in Late Trading  Wall Street Journal
Accenture says it will buy Acquity Group for $316M  Businessweek
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Bank of England's King sends message to successor Carney
By William Schomberg. LONDON | Sun May 19, 2013 7:31am EDT. LONDON (Reuters) - Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain ...
Sir Mervyn King: stop 'demonising' bankers  Telegraph.co.uk
Sir Mervyn King: don't demonise bankers  The Guardian
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UPDATE 3-US ends freeze on new natural gas exports, approves Texas terminal
Fri May 17, 2013 7:02pm EDT. * Freeport first project approved since 2011. * Manufacturers concerned about unlimited gas exports. * Still unclear when DOE will act on other projects.
US shale gas may become export rival to Australia - The Age  The Age
US approves expanded gas exports  Livemint
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